Commercial property trade group looks to create business improvement district after new legislation
Commercial property trade group looks to create business improvement district after new legislation
A real estate trade group wants to create a business improvement district to improve safety and cleanliness and overcome historically high office and retail vacancy in downtown Chi...
CHIPS Act grants for other projects remain in limbo
The Biden administration finalized a $6.6 billion grant for Taiwan Semiconductor Manufacturing Co.'s chipmaking campus in Phoenix, although other grants from the same federal progr...
New hires, promotions and other personnel changes
Cushman bolsters Northern California operations
Passenger vehicles traveling to Manhattan’s central business district are set to be charged
New York Gov. Kathy Hochul, after halting the start of the nation's first traffic tolls aimed at reducing vehicle congestion, is reviving the plan after all.
The move is aimed at shifting responsibility to hiring party — usually landlords
The New York City Council voted to end the city’s decades-old broker fee arrangement where tenants pay apartment broker fees even when they didn't hire that professional to help th...
Landlords face concerns of higher vacancies if government leases aren't renewed, investment bank says
Recent lease deals show the federal government is working to reduce the amount of office space it uses across the country. Now, President-elect Donald Trump's promises to cut the s...
Krooth & Altman to join growing East Coast firm by year end
Two real estate law firms that practice in Washington, D.C., will soon join forces.
Higher insurance costs are changing priorities for homebuyers in Sunshine State
Policyholders of Florida's largest residential property insurer could be paying more in annual premiums, an increase that advocates say is necessary even if it leads to more frustr...
Some count on president-elect to push down mortgage rates but economists say that won't be easy
Taylor Swift blasted from speakers as hundreds of real estate professionals mulled around a ballroom at the Boston Convention and Exhibition Center, exchanging hugs, smiles and hel...
A majority of city’s 50 aldermen look to force Mayor Brandon Johnson to identify cuts instead
More than half of the members of Chicago’s City Council are calling for a special meeting next week to vote down Mayor Brandon Johnson’s proposed $300 million property tax increase...
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Stock markets jump on election results
Beacon Capital Partners says it remains in talks to restructure debt
The longtime owner of a 52-story office tower along the Chicago River said it wants to restructure its debt and maintain possession after being hit with a foreclosure suit over its...
Opponents worry local limits will stifle new housing construction
Rent control seemed for a while to have been mentioned less in discussions about affordable housing around the country, even as the policy remained in major cities like New York, S...
Lessee RFR’s terminated deal is ‘tremendous loss’ for New York, firm says
Real estate developer RFR, locked in a fight for control of the Chrysler Building in New York with the owner of the land beneath the iconic property, has been dealt a big setback.
Brandon Johnson’s proposed budget backtracks on key campaign promise, stirs opposition from owners
Chicago Mayor Brandon Johnson is proposing a $300 million property tax hike, reversing himself on a key campaign promise and setting up a new round of opposition from wary property...
Washington, DC, zoning board to decide future of Call Your Mother in Georgetown next month
The fate of a popular bagel shop with a pink and teal facade in Washington, D.C.’s Georgetown neighborhood is up in the air as it remains in the thick of a lengthy zoning battle wi...
Proposed increases in subsidies are aimed at reigniting local film industry
Local property professionals are looking for a proposed increase in California subsidies for Los Angeles film and television productions, planned to be among the highest offered by...
Universal Title to pay $500,000 to settle the claim
The Washington, D.C., attorney general’s office reached a settlement with a title insurance company it had accused of giving kickbacks to real estate agents in exchange for referra...
Federal watchdog wants input on property controls, offers confidentiality to participants
Canada's federal competition watchdog is inviting market participants to provide input about property controls in the country's grocery industry as part of an ongoing investigation...
Deal aims to keep sports teams in the city, help revitalize economic activity downtown
The mayor of Washington, D.C., is proposing the District buy Capital One Arena from the owner of the city sports teams it hosts and lease it back to them, a move meant to keep the ...